Credit Union Safety Analysis
Is I B E W Local 56 Federal Credit Union Safe? Erie, Pennsylvania
Based on its Q2 2026 NCUA 5300 call report, I B E W Local 56 Federal Credit Union has a net worth ratio of 12.96%, at the NCUA level for well capitalized, its 60-day delinquency ratio is 2.27%, and its shares are NCUA insured up to $250,000 per member.
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Short answer
On its Q2 2026 NCUA 5300 call report, I B E W Local 56 Federal Credit Union's net worth ratio is 12.96%, above the 7% NCUA threshold for well capitalized.
- Net worth ratio (Q2 2026): 12.96%
- Delinquency ratio (60+ days) (Q2 2026): 2.27%
- Return on assets (Q2 2026): 1.30%
- Loan-to-share ratio (Q2 2026): 52.29%
I B E W Local 56 Federal Credit Union (NCUA charter 14247, established 1961) reported $10.8M in assets and 1,553 members for Q2 2026 from Erie, Pennsylvania. It ranks 206 of 269 credit unions in Pennsylvania by total assets. Total assets fell 1.5% from $11.0M on June 30, 2025. It has 1 fewer member than on June 30, 2025 (-0.1%). Its net worth ratio was up 1.44 percentage points from 11.52% on June 30, 2025. Used vehicle loans are its largest loan category, $1.7M of $4.9M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 2.27% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026.
Data as of · sourced from NCUA 5300 call reports. How we update
Scorecard by dimension
Median of the 2,479 credit unions with under $100M in assets: 14.31%; middle half of peers: 11.14% to 19.38%.
Earlier filings: 12.51% for Q1 2026; 11.52% for Q2 2025.
Median of the 2,162 credit unions with under $100M in assets: 0.86%; middle half of peers: 0.35% to 1.93%.
Earlier filings: 2.80% for Q1 2026; 1.27% for Q2 2025.
Median of the 2,477 credit unions with under $100M in assets: 0.72%; middle half of peers: 0.16% to 1.30%.
Earlier filings: 1.15% for Q1 2026; 1.66% for Q2 2025.
Median of the 2,470 credit unions with under $100M in assets: 58.92%; middle half of peers: 42.33% to 75.81%.
Earlier filings: 50.51% for Q1 2026; 49.62% for Q2 2025.
Loans by type, Q2 2026
- Used vehicle loans: $1.7M
- 1- to 4-family residential and other consumer real estate loans: $1.7M
- New vehicle loans: $1.2M
- Other unsecured loans and lines of credit: $215K
- Other secured non-real estate loans and lines of credit: $150K
Scored ratios by quarter
| Quarter | Total assets | Net worth ratio | Delinquency | ROA | Loan-to-share |
|---|---|---|---|---|---|
| June 30, 2026 | $10.8M | 12.96% | 2.27% | 1.30% | 52.29% |
| March 31, 2026 | $10.9M | 12.51% | 2.80% | 1.15% | 50.51% |
| December 31, 2025 | $10.8M | 12.41% | 3.07% | 0.82% | 51.17% |
| September 30, 2025 | $10.7M | 12.37% | 2.14% | 1.88% | 52.78% |
| June 30, 2025 | $11.0M | 11.52% | 1.27% | 1.66% | 49.62% |
| March 31, 2025 | $11.1M | 11.01% | 1.33% | 1.56% | 48.46% |
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How we score this
Net worth ratio: NCUA well capitalized at 7%, adequately at 6%. Our bands, pass to fail: delinquency 1% to 2%, ROA 0.5% to 0%, loan-to-share 85% to 100%. Not a credit rating. Methodology.
I B E W Local 56 Federal Credit Union profile
Regulator records: NCUA credit union profile (charter 14247) · FFIEC NIC profile (RSSD 211589)
Frequently asked questions
Is I B E W Local 56 Federal Credit Union well capitalized?
On its Q2 2026 NCUA 5300 call report, I B E W Local 56 Federal Credit Union's net worth ratio is 12.96%, above the 7% NCUA threshold for well capitalized.
Is I B E W Local 56 Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. I B E W Local 56 Federal Credit Union is a federally insured credit union (NCUA charter 14247): its share insurance fund, run by the NCUA, covers $250,000 per member per ownership category.
What are I B E W Local 56 Federal Credit Union's key safety ratios?
For Q2 2026, I B E W Local 56 Federal Credit Union reports net worth 12.96%, delinquency 2.27%, ROA 1.30%, loan-to-share 52.29%.
What happens to my money if I B E W Local 56 Federal Credit Union fails?
For Q2 2026, I B E W Local 56 Federal Credit Union held $9.4M in shares and deposits for 1,553 members. If it failed, the NCUA would pay its insured shares up to $250,000 per member.